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Nov 26, 2012
11/12
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reform and spending cuts over the raising of taxes. here is the senate republican leader on what the g.o.p. is offering. >> without compromising our principles we put skin in the game and recognition to the fact while democrats don't run this town, neither do we. we have been responsible even as we remain firm on this point. no tax increases now for promised spending cuts that you will not materialize later. the american people have seen that game before. they won't be fooled again. >> house republicans are planning to bring in on wednesday a number of c.e.o.'s of caterpillar, goldman sachs and all state and other key players on fiscal includes including erskine bowles co-author of the simpson-bowles and the republicans want the business community to hear their ideas and make the case a big deal should include spending cuts and reforms. >>shepard: thank you, mike, from capitol hill. grover norquist will join neil cavuto next hour and talk about breaking the anti-tax pledge by some republicans. >> the generation leader who brokered the
reform and spending cuts over the raising of taxes. here is the senate republican leader on what the g.o.p. is offering. >> without compromising our principles we put skin in the game and recognition to the fact while democrats don't run this town, neither do we. we have been responsible even as we remain firm on this point. no tax increases now for promised spending cuts that you will not materialize later. the american people have seen that game before. they won't be fooled again....
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Nov 23, 2012
11/12
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taxes, that challenge is going to be to find a way to increase taxes on the wealthy. to increase taxes on higher earners without increasing the rate. that would be a win win for both sides. the question is, how do you do that? one option, to potentially roll back tax breaks that wealthier americans and corporations are given. they're batting a couple of ideas around. one thing that is giving folks hope, the fact that house speaker john boehner and eric cantor seem to be working more in lock step now than they were during the summer of 2011. if that holds, it really could help the house of representatives to get on 3w0rd of some type of idea. >> we've heard from chairman bernanke and others. how much of a factor will the fed and the ceos of all these major companies be as we get closer to this major deadline? >> one of the questions is how do people react where all these tax increase, all these spending cuts take effect. if there's no deal in the middle of december, say, do we start to see some real impacts? do companies start slowing their capital spending plans, do t
taxes, that challenge is going to be to find a way to increase taxes on the wealthy. to increase taxes on higher earners without increasing the rate. that would be a win win for both sides. the question is, how do you do that? one option, to potentially roll back tax breaks that wealthier americans and corporations are given. they're batting a couple of ideas around. one thing that is giving folks hope, the fact that house speaker john boehner and eric cantor seem to be working more in lock...
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Nov 23, 2012
11/12
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any tax hikes are expected to hit the highest earners the hardest. it is unclear whether this is all bad news for luxury retailers like sachs, nordstrom's and tiffany's. with more of the wealthy thinking about uncle sam this christmas, rather than santa, we'll be watching these luxury companies very cautiously. >> a different bearded gentleman that they're thinking about. >> exactly. that's right. >> thank you, robert. >>> let your fingers do the saving. coming up next, we'll tell you about half-a-dozen apps that could put some extra bucks in your wallet this holiday and beyond. >> i'm doing apps now. oh, dear. >>> later, how about doing holiday shopping at a mom and pop store tomorrow. we'll talk about the american express executive behind this saturday's small business movement in a few minutes. with the spark cash card from capital one, olaf gets great rewards for his small business! pizza! [ garth ] olaf's small business earns 2% cash back on every purchase, every day! helium delivery. put it on my spark card! [ pop! ] [ garth ] why settle for le
any tax hikes are expected to hit the highest earners the hardest. it is unclear whether this is all bad news for luxury retailers like sachs, nordstrom's and tiffany's. with more of the wealthy thinking about uncle sam this christmas, rather than santa, we'll be watching these luxury companies very cautiously. >> a different bearded gentleman that they're thinking about. >> exactly. that's right. >> thank you, robert. >>> let your fingers do the saving. coming up...
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Nov 23, 2012
11/12
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some will not sign this no tax pledge. so there is some sense maybe his influence will wane a little bit. i think he'll be an influential player down the road. >> i'm sorry to cut this short. i want to thank you for your time nonetheless. we will see you guys again. thank you. >> thank you. >>> still ahead, this partisan rush. what is the outlook for compromise when a majority of states will be under single party control? plus, which toys will be selling like hotcakes? toys 'r' us' ceo is here to break down the big ticket items. ♪ it's so important to make someone happy ♪ when you give a child a toy, it has to work. ♪ make just one someone happy and when it's a toys for tots child, well, what could be more important? so this year, every hasbro toy donated to toys for tots will be powered by duracell. happy holidays. duracell with duralock. trusted everywhere. >>> giving you a look at these new protests happening right now in cairo's tahrir square. supporters and opponents of egypt's new president, mohamed morsi, are
some will not sign this no tax pledge. so there is some sense maybe his influence will wane a little bit. i think he'll be an influential player down the road. >> i'm sorry to cut this short. i want to thank you for your time nonetheless. we will see you guys again. thank you. >> thank you. >>> still ahead, this partisan rush. what is the outlook for compromise when a majority of states will be under single party control? plus, which toys will be selling like hotcakes? toys...
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Nov 29, 2012
11/12
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KRON
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this would be a good tax refund. i the clock is ticking and we have 33 days until the clift. we love numbers. if we can do it countdown will do with the this is the latest. >> hopefully they can get a deal done. >> lindsay lohan was arrested a gang for fighting. here she is she was released from jail this morning. she has a black jacket covering her head and apparently she identify with that woman as she hitter in the face. this was at a nightclub overnight. the witnesses stated that she struck are in the face with a hand. she did not require medical condition lohan has another arrest under her belt. she is charged with third degree assault. >> 6:53 a.m. and will be right back. it is strauss' size of this is good news compared to yesterday. enjoy your ride to work or school and will be right back. line towards are rust is in trouble. they're having problems fulfilling torrid orders. many customers who place orders stated that they're receiving e-mail sector orders have been canceled. numerous customers posted their stories on torahs are russ facebook page. they stated that cu
this would be a good tax refund. i the clock is ticking and we have 33 days until the clift. we love numbers. if we can do it countdown will do with the this is the latest. >> hopefully they can get a deal done. >> lindsay lohan was arrested a gang for fighting. here she is she was released from jail this morning. she has a black jacket covering her head and apparently she identify with that woman as she hitter in the face. this was at a nightclub overnight. the witnesses stated...
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Nov 25, 2012
11/12
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by the way, the one-time cash payout would be $312 million, before taxes of course. leading up to tonight's bonanza, there have been 14 consecutive drawings with no jackpot winner. your chances of picking five numbers and the powerball, 1 in 175 million, but hey, it is possible. a couple from iowa did hit the jackpot at $202 million back in september. so you do have a chance here. and by the way, kate, i do have my ticket and you have a couple hours, a few hours left to get yours. >> you'll share that with all of us, i'm sure, thank you. >>> and we wanted to update you on a story we first told you last night, a reason to celebrate for folks in one of the area's hardest hit by the monster storm sandy, breezy point in queens. last night, kristen diffindale and james keane said their i dos. they were busy planning their i wedding when the storm hit. their house was flooded. the church where they were supposed to get married was turned into a command center. they nearly postponed the whole thing but in the end as you can see they decided to go ahead to give their friends
by the way, the one-time cash payout would be $312 million, before taxes of course. leading up to tonight's bonanza, there have been 14 consecutive drawings with no jackpot winner. your chances of picking five numbers and the powerball, 1 in 175 million, but hey, it is possible. a couple from iowa did hit the jackpot at $202 million back in september. so you do have a chance here. and by the way, kate, i do have my ticket and you have a couple hours, a few hours left to get yours. >>...
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Nov 21, 2012
11/12
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i think what's evident, if we get a real deal, one where they address the top tax rate, the spending cuts, i think initially, it's bearish for gold, but i think after that, the qe kicks? >> i want to bring in jim on the discussion. the news of the cease fire coming out. what are the levels you're watching in gold right now. in oil right now. >> i believe the it's the january contract and if it's below 84.54ish, it means the market really believes that a cease fire is going to be more than just a fleeting thing and i think we could take off some, i would say long it right now until we take our last week lows at those levels. >> that's a huge number right there. >> you agree with that? >> absolutely. a huge number in crude. it's he will their -- >> the question is, are you buying or selling against the fiscal cliff fears? vote in our poll. we'll give you results on our website and also, we're off tomorrow for the holiday, but live streaming shows are back next week, tuesday and thursday, 1:00 p.m. eastern. scott. >> thanks so much. we're going to continue to monitor this story about th
i think what's evident, if we get a real deal, one where they address the top tax rate, the spending cuts, i think initially, it's bearish for gold, but i think after that, the qe kicks? >> i want to bring in jim on the discussion. the news of the cease fire coming out. what are the levels you're watching in gold right now. in oil right now. >> i believe the it's the january contract and if it's below 84.54ish, it means the market really believes that a cease fire is going to be...
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Nov 27, 2012
11/12
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reform with lower tax rates. the pledge you mentioned is identified with americans for tax reforms grover norquist who has gotten many republicans to promise they won't vote to raise taxes. south carolina senator lindsey graham is pushing back saying capping deductions would help generate revenue. the top republic on the senate budget committee explained graham's position. >> he is conditioning any tax increase on fixing these programs, social security and medicare, particularly in making sure that they are sound for the future. so that's lindsey's position. and he has talked about accepting revenue to accomplish that goal. >> republicans continue saying they don't want to increase tax rates arguing that will hurt job growth. democrats say the middle class could be spared from a tax increase now. >> however as we continue to negotiate a responsible path forward i remind everyone within the sound of my voice of one fact. this congress is where one vote away from avoiding the fiscal cliff for middle class families
reform with lower tax rates. the pledge you mentioned is identified with americans for tax reforms grover norquist who has gotten many republicans to promise they won't vote to raise taxes. south carolina senator lindsey graham is pushing back saying capping deductions would help generate revenue. the top republic on the senate budget committee explained graham's position. >> he is conditioning any tax increase on fixing these programs, social security and medicare, particularly in making...
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Nov 26, 2012
11/12
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FBC
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let's have income tax, 15%, gift taxes, 15%, let's make sure that warren buffett finally starts paying at least as much as his secretary, in the percentage, and, what has been proposed, here, by the president, will not have warren buffett paying the same as his secretary, in percentage. let's have a flat tax, lou. let's take the president at his word. if you make more you will pay more and this is the only way that that is going to happen. >> lou: you know i believe the speaker boehner, perhaps the president himself may have been talking to you, talking to steve forbes and others who talked about the possibility of reforming the entire tax code. that could -- >> this is a great time. you know, the kind of time... and, not only that, let's don't forget the last time that the senate had a budget, it was when harry reid worked with his friend, speaker pelosi and nobody in the 2008 budget complained that it wasn't spending enough money. let's go back to 2008. $2.5 trillion, and cuts off a trillion in spending, right there. >> lou: there are all sorts of ways to get there, as you suggest he
let's have income tax, 15%, gift taxes, 15%, let's make sure that warren buffett finally starts paying at least as much as his secretary, in the percentage, and, what has been proposed, here, by the president, will not have warren buffett paying the same as his secretary, in percentage. let's have a flat tax, lou. let's take the president at his word. if you make more you will pay more and this is the only way that that is going to happen. >> lou: you know i believe the speaker boehner,...
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Nov 28, 2012
11/12
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in other words, a mandate to raise taxes hutton. tonight we want to take that mandate and put it into some context and perspective. this is the president's 2012 victory. but 50 -- and this is the mandate. forty-seven. the electoral votes, 3302. mesa more room here. romney's 206. that's impressive. but there's something missing. seven and a half people. seven and a half million voters from 2008. he received and, and all right this over here, 53 percent of the vote to mccain's 46%. a little more impressive. 365 electoral votes to 1703. wait a minute. that's quite a little difference . of falloff in the popular vote and a far less impressive electoral victory this year. let's look at the legislative branch, the senate, the house. fifty-five for democratic senators. forty-five will be republican. 200 democratic representatives to 234 in the house of representatives. he is down here. pretty impressive for the republicans. by the way, when you combine the senate and house there are still a lot more republicans than capitol hill then there
in other words, a mandate to raise taxes hutton. tonight we want to take that mandate and put it into some context and perspective. this is the president's 2012 victory. but 50 -- and this is the mandate. forty-seven. the electoral votes, 3302. mesa more room here. romney's 206. that's impressive. but there's something missing. seven and a half people. seven and a half million voters from 2008. he received and, and all right this over here, 53 percent of the vote to mccain's 46%. a little more...
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Nov 24, 2012
11/12
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a big republican turns his back on the grover norquist tax pledge. is the gop preparing to give in to the president? is and thousands of people packing into stores today. watch your wallet. we'll tell you how the shopping season is really adding up. let's go "outfront." >>> good evening. i'm tom foreman. egypt erupts. thousands of angry egyptians have been protesting in opposition to a controversial power grabby egypt's president. at least 80 people have been injured and one killed in clashes with police who fired tear gas into the crowds. the unrest began after he issued a series of orders which allow him to run the country unchecked until a new constitution is written. morsi says his actions are meant to speed up reform and achieve political and social stability. >> translator: i have said beforened i repeat again, that i would never use a legislation against individuals, parties, men, women or muslims or christians for personal gains and to settle scores. >> now, this is all very problematic for the white house. just two days ago, president obama
a big republican turns his back on the grover norquist tax pledge. is the gop preparing to give in to the president? is and thousands of people packing into stores today. watch your wallet. we'll tell you how the shopping season is really adding up. let's go "outfront." >>> good evening. i'm tom foreman. egypt erupts. thousands of angry egyptians have been protesting in opposition to a controversial power grabby egypt's president. at least 80 people have been injured and one...
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Nov 23, 2012
11/12
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so you can call yourself a tax cutter even though really the taxes have reset for a day or two. think of it this way, on december 31st the top tax rate is 35%. on january 1st the top tax rate is now about 40%. so you have this whole new baseline and you can say on january 2nd, hey, everybody, we're cutting taxes to get back to where we need to be. it's a bit of a kabookey dance. >> with that whole kabookey thing, if that's set one way january 1st, is that what's then in effect come hell or high water when people are paying their taxes april 15th or is there negotiating room ahead? >> no, that's kind of exactly the point. any changes that are made once we go over the cliff will be pret throw active. when you sit down in april of 2014 to fill out your taxes for 2013, they will be taxes that reflect all the agreements that will ultimately solve this thing and i am confident that we will ultimately solve it, i'm just not sure we'll solve it on december 31st. even the withholding tables, your paycheck should actually reflect the higher taxes that set in once we go over the cliff. the
so you can call yourself a tax cutter even though really the taxes have reset for a day or two. think of it this way, on december 31st the top tax rate is 35%. on january 1st the top tax rate is now about 40%. so you have this whole new baseline and you can say on january 2nd, hey, everybody, we're cutting taxes to get back to where we need to be. it's a bit of a kabookey dance. >> with that whole kabookey thing, if that's set one way january 1st, is that what's then in effect come hell...
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Nov 22, 2012
11/12
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why do you want to pay more taxes? >> well, i don't want to pay more taxes. i don't think anybody wants here. i'm part of a group called the patriotic millionaires and we are all willing to pay more taxes. so it's clear that all of us, the whole country is in a position where all of us individuals, the working people, the wealthy people, corporations, all of us together have to pay for all of the spending that we have done over the last 12 years. >> why don't we cut spending? why don't we start with something that senator coburn announced today. there is so much that can be saved by cutting nondefense spending, things like a smartphone application. it these are the things we are spending money on. they cut that we can make. >> so we have to do new cuts and paperwork. we have to pay for all of the spending we have done for the last 12 years. and we are kind of all in this together. so i don't think that, you know, i have spent the last two days talking to both sides of the senate. i have spent time talking to representatives in the house and white house. the m
why do you want to pay more taxes? >> well, i don't want to pay more taxes. i don't think anybody wants here. i'm part of a group called the patriotic millionaires and we are all willing to pay more taxes. so it's clear that all of us, the whole country is in a position where all of us individuals, the working people, the wealthy people, corporations, all of us together have to pay for all of the spending that we have done over the last 12 years. >> why don't we cut spending? why...
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Nov 21, 2012
11/12
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i mentioned the tax issues. >> the tax issues people have shown that they don't care about it. we have seen it. people still don't change the buying habits yet. >> my point. >> you like the samsung. >> and i own google. it is the closest to creating its own ecosystem to the likeness of the apple. they are every place. they give you so many choices. you don't have the one stop shopping with the iphone. you get the phones and everything else that comes along with it. >> everything else? search is the biggest thing. self drive car. >> look at those legs. >> i have great legs. >> that was a few years before. >> now you can really lift the packages. >> it's a family show. >> i meant packages. >> it's a family show. put a ribbon on that. >>> jane wells joins us with a look at what is going on next. >> nice package, guy. we are going to talk poker, football and if people left their hearts in san francisco where did they leave their brains? we will find out after the break. or that printing in color had to cost a fortune. nobody said an all-in-one had to be bulky. or that you had to pr
i mentioned the tax issues. >> the tax issues people have shown that they don't care about it. we have seen it. people still don't change the buying habits yet. >> my point. >> you like the samsung. >> and i own google. it is the closest to creating its own ecosystem to the likeness of the apple. they are every place. they give you so many choices. you don't have the one stop shopping with the iphone. you get the phones and everything else that comes along with it....
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the people of spain's most prosperous and most tax region will choose a new parliament on sunday their choice could ultimately decide whether catalonia will remain a part of spain or go alone after being stricken by the financial demands of central government that is under farmer has the story. there's a wind of separatism blowing through europe at the moment and it's reached the northeastern shores of spain catalonia is the latest region to officially aspirate independence is something people here have long felt in their hearts but now they're feeling it in their pockets. i think it's a good idea to be in the band them from. a country. which is. really really bad situation is a bargain for. it's a bargain for the good of the cattle and flags can be seen hanging from balconies throughout barcelona reflecting a growing desire for home rule under a drive to break away from the central government in madrid this weekend's local election is being fought on that issue alone catalan president for mass has made it the centerpiece of his campaign this convergence union party vying to hold an in
the people of spain's most prosperous and most tax region will choose a new parliament on sunday their choice could ultimately decide whether catalonia will remain a part of spain or go alone after being stricken by the financial demands of central government that is under farmer has the story. there's a wind of separatism blowing through europe at the moment and it's reached the northeastern shores of spain catalonia is the latest region to officially aspirate independence is something people...
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wealthy it has an economy the size of portugal is but the terms of the number in terms of the size of taxes they pay it's much more to central government than they actually get back from madrid in terms of investments in schools and hospitals so they're annoyed about that and particularly when you consider that unemployment here is around twenty five percent so if a referendum does happen i suppose you could say that you would expect people to vote in favor of it although i say that those people who are against separatism do point out that if catalonia does withdraw from spain it could also mean it has to drop out of the european union and not many people in catalonia would be in favor of that if that turns out to be the case. maybe they would prefer the status quo said there are a lot of ifs and buts but what we do know as a result of today's election there is a growing sentiment nationalism and a sense for independence here in catalonia all right appreciate you staying on top of this we know that you'll be following this as this unfolds and performer in spain. and more disunity in europe
wealthy it has an economy the size of portugal is but the terms of the number in terms of the size of taxes they pay it's much more to central government than they actually get back from madrid in terms of investments in schools and hospitals so they're annoyed about that and particularly when you consider that unemployment here is around twenty five percent so if a referendum does happen i suppose you could say that you would expect people to vote in favor of it although i say that those...
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region itself a rich pretty wealthy it has an economy the size of portugal's but it pays far more in taxes to the spanish government that actually receives back in terms of investment from from madrid and that is something that annoys some people here unemployment is at around twenty five percent and also people are having to endure tough austerity measures at the moment but nothing is a done deal because after mass does need to record an absolute majority in order to be able to push through this referendum otherwise he would be forced to form some sort of coalition there is a sticking point too in that the referendum is actually against the spanish constitution and the spanish prime minister. has said he will fight it with some elements of the spanish media are actually saying that after mass could find himself arrested so nothing is clear cut at the moment and even though opinion polls do suggest that the majority of people are in favor of independence there is a strong lobby who are against separatism and their arguments are based on the economy too they say that if catalonia is forced
region itself a rich pretty wealthy it has an economy the size of portugal's but it pays far more in taxes to the spanish government that actually receives back in terms of investment from from madrid and that is something that annoys some people here unemployment is at around twenty five percent and also people are having to endure tough austerity measures at the moment but nothing is a done deal because after mass does need to record an absolute majority in order to be able to push through...
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control over national member states budgets even to have its own sources of income it's only you taxes that of course he's pushing it too far it's gone far too far in the wrong direction which is centralization and it powers were turned i think the atmosphere in europe would be a lot better off course in terms of the britain's own deficit and the debts that the u.k. has it is a small amount that the european union's asking for because the european union has already taken so much power people are just loathe to accept a situation where they're going to get any more money as europe is struggling to find a common path separatist feelings are growing in some regions and they certainly seem to be dominating the local elections in catalonia or over half of the residents say that they want to make an independent state this with economic turmoil exasperating desires for sovereignty artie's andrew farmer is in barcelona for us well the polls have opened today in an election which could represent a step towards any final break up of spain and it is because the cattle i am president are the masse
control over national member states budgets even to have its own sources of income it's only you taxes that of course he's pushing it too far it's gone far too far in the wrong direction which is centralization and it powers were turned i think the atmosphere in europe would be a lot better off course in terms of the britain's own deficit and the debts that the u.k. has it is a small amount that the european union's asking for because the european union has already taken so much power people...
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Nov 24, 2012
11/12
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the democrats have said we're not until you raise taxes. both sides are going to have to make a deal in the spring and it's going to involve everybody. >> let me ask you this, douglas. norquist said a number of times in defense of his position, look, what's wrong with saying to a politician, when you want my vote and you make a promise, you should keep that promise. what's wrong with saying that to either side about any topic? >> so, i think that there's nothing wrong with that. this is about making political commitments, something politicians have to and should do. my own preference is not written pledges, but in fact, people who say this is what i believe and follow through on it. i think one thing it did do is focus its attention, which is still under discuss. we have an enormous spending problem, it's about entitlement problem. what the president was forced some recognition that the threshold decision is to spend the money. >> ethan, your reaction to this whole idea that norquist keeps saying, it's about taxes for him, but also about po
the democrats have said we're not until you raise taxes. both sides are going to have to make a deal in the spring and it's going to involve everybody. >> let me ask you this, douglas. norquist said a number of times in defense of his position, look, what's wrong with saying to a politician, when you want my vote and you make a promise, you should keep that promise. what's wrong with saying that to either side about any topic? >> so, i think that there's nothing wrong with that....
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Nov 22, 2012
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no, it's worse -- look, our taxes are about to go up. not the taxes on our dividends though, right? that's a big part of our retirement. oh, no, it's dividends, too. the rate on our dividends would more than double. but we depend on our dividends to help pay our bills. we worked hard to save. well, the president and congress have got to work together to stop this dividend tax hike. before it's too late. >>> the elections just 16 days old, but the republican party is already looking to 2016. according to politico, more than two dozen republicans are already thinking about running for president. and joining me now from washington, democratic pollster margie, and republican strategist joe watkins. it's never too early, right, guys? let's get talking about this. joe, is the gop already making plans for 2016? at this point, if so, who would you say would be the party's best hope? >> the party has to start looking to 2016. we've suffered two losses now in '08 and again in '12. we've got to look at expanding the base. the republican party knows that you can't win going forward without wome
no, it's worse -- look, our taxes are about to go up. not the taxes on our dividends though, right? that's a big part of our retirement. oh, no, it's dividends, too. the rate on our dividends would more than double. but we depend on our dividends to help pay our bills. we worked hard to save. well, the president and congress have got to work together to stop this dividend tax hike. before it's too late. >>> the elections just 16 days old, but the republican party is already looking to...
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control over national member states budgets even to have its own sources of income it's only you taxes that of course he's pushing it too far it's gone far too far in the wrong direction which is centralization and it powers were turned i think the atmosphere in europe would be a lot better off course in terms of the britain's own deficit and the debts that the u.k. has it is a small amount that the european union's asking for because the european union has already taken so much power people are just loathe to accept a situation where they're going to get any more than money. but some regions are see europe's financial troubles as a reason to take a step away from the indebted countries spanish cut the lawn yet set to vote for its local government with separate as parties are to take the lead that's ahead for you after the shop break. which is slow often enough and knows that to ride a horse you've got to catch it first. for him it's a daily routine that you're soft as a force breeder on the island of a horn at the heart of. his life on an isolated farm is about blue sky green grass an
control over national member states budgets even to have its own sources of income it's only you taxes that of course he's pushing it too far it's gone far too far in the wrong direction which is centralization and it powers were turned i think the atmosphere in europe would be a lot better off course in terms of the britain's own deficit and the debts that the u.k. has it is a small amount that the european union's asking for because the european union has already taken so much power people...
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Nov 22, 2012
11/12
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if you tax everybody that obama is talking about taxing, the most you could cut off the someg insanely small. that will not do anything. the message has to be to cut spending and until that resonates with americans, have to realize the economy will keep declining. melissa: ho huggies is a spendig problem, not a revenue problem? >> the left is always going to try to appeal to the low information voter. so we have to take information, make it really simple, on complicated and communicated in a narrative that can be marketed to the masses of people. if you take the tax increases of those making over $250,000 per year, it is a drop in the bucket. 56 billion sounds like a lot of money we're talking about reducing the deficit to something like 1.15 trillion bit of 1.2 trillion. we have to communicate that we have to keep sticking it to them to say that debt is on our children and future and some point the grim reaper will take itack so we have some point when people are hurting bad enough realizing obama has not come in and saved us yet, maybe then they will start listening. >> thank you. me
if you tax everybody that obama is talking about taxing, the most you could cut off the someg insanely small. that will not do anything. the message has to be to cut spending and until that resonates with americans, have to realize the economy will keep declining. melissa: ho huggies is a spendig problem, not a revenue problem? >> the left is always going to try to appeal to the low information voter. so we have to take information, make it really simple, on complicated and communicated...
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Nov 22, 2012
11/12
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no, it's worse -- look, our taxes are about to go up. not the taxes on our dividends though, right? that's a big part of our retirement. oh, no, it's dividends, too. the rate on our dividends would more than double. but we depend on our dividends to help pay our bills. we worked hard to save. well, the president and congress have got to work together to stop this dividend tax hike. before it's too late. gregg: there it is, here comes santa claus right down santa claus lane. the first time of fifth avenue, lining the streets, the music is filling the air. this is the 86th annual macy's thanksgiving day parade. a late start of the to the morning, but as you can see, macy's welcoming newcomers through a lineup of giant balloons this year, including elf on a shelf and papa smurf. wow, that is a big santa. it looks like he has already had a turkey or two this morning. speak to the family of a missing soldier making a desperate search for their daughter and sister's disappearance. kelly bordeaux, here is her picture, she vanished after a night out back in april. the search for the 23-year
no, it's worse -- look, our taxes are about to go up. not the taxes on our dividends though, right? that's a big part of our retirement. oh, no, it's dividends, too. the rate on our dividends would more than double. but we depend on our dividends to help pay our bills. we worked hard to save. well, the president and congress have got to work together to stop this dividend tax hike. before it's too late. gregg: there it is, here comes santa claus right down santa claus lane. the first time of...
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Nov 23, 2012
11/12
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a package of tax increases and spending cuts known as the fiscal cliff will take effect in january unless congress can balance the budget. >>> time now, 7:49. police near seattle say a drunk driver ran over two holiday p shoppers last night at the a wal-mart. one o -- one of those victims was pinned beneath the suv. her injuries so severe she was air lifted to a trauma center. the driver a 71-year-old person was arrested on charges of vehicular assault. police say they did smell alcohol on his breath. >>> the black friday rush also got off to an ugly start in indianapolis. there was an angry rant and security was called in after an angry rant inside a kmart store last night. they were handed out $200 vouchers for plasma tvs and some of the shoppers began selling their vouchers to other people who did not wait in line. >> everybody started going crazy about it and cops got called in and it was a mad house. >> police did show up there and escorted the woman out of the store, but she was not arrested. >>> there's a way if you want to watch the world series champion san francisco giants that
a package of tax increases and spending cuts known as the fiscal cliff will take effect in january unless congress can balance the budget. >>> time now, 7:49. police near seattle say a drunk driver ran over two holiday p shoppers last night at the a wal-mart. one o -- one of those victims was pinned beneath the suv. her injuries so severe she was air lifted to a trauma center. the driver a 71-year-old person was arrested on charges of vehicular assault. police say they did smell...
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control over national member states budgets even to have its own sources of income it's only you taxes that of course he's pushing it too far it's gone far too far in the wrong direction which is centralization and it powers were turned i think the atmosphere in europe would be a lot better what course in terms of the britain's own deficit and the debts that the u.k. has it is a small amount that the european union's asking for because the european union has already taken so much power people are just loathe to accept a situation where they're going to get any more money and while europe struggles to find a common way forward some regions are looking for ways to go it alone in spanish catalonia people are set to go to the polls to elect a regional government which could see a referendum on its independence party as andrew farmer. there's a wind of separatism blowing through europe at the moment and it's reached the northeastern shores of spain catalonia is the latest region to officially our spare independence is something people here have long felt in their hearts but now they're feel
control over national member states budgets even to have its own sources of income it's only you taxes that of course he's pushing it too far it's gone far too far in the wrong direction which is centralization and it powers were turned i think the atmosphere in europe would be a lot better what course in terms of the britain's own deficit and the debts that the u.k. has it is a small amount that the european union's asking for because the european union has already taken so much power people...
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Nov 26, 2012
11/12
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taxes ride. rule every american is expected to feel the pinch. we'll break down the numbers on the latest proposals and see who maintains what depending on what kind of deal is reached. and are you not one of the so-called rich. no one company or governing body runs the it net. that helped the worldwide interest neat to grow in the way it has to spur democratic movement. a u.n. summit next week could put a little known united nations agency in charge worldwide web. and countries like china, russia, and iran are actively lobbying for new global rules that can allow them to, for example eavesdrop at will or sensor content. rick gold stein is the director of the project. it's no surprise china and iran and russia would love to control the internet. about it's a surprise they are going to have some conference with the u.n. in dubai next week. we are attending and this is going to be the topic? >> looking at the history of the united nations and how it triumphed on free speech. i'm not surprised. we h
taxes ride. rule every american is expected to feel the pinch. we'll break down the numbers on the latest proposals and see who maintains what depending on what kind of deal is reached. and are you not one of the so-called rich. no one company or governing body runs the it net. that helped the worldwide interest neat to grow in the way it has to spur democratic movement. a u.n. summit next week could put a little known united nations agency in charge worldwide web. and countries like china,...
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Nov 26, 2012
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expiration of the tax cut around for years can be called a tax increase. the nonpartisan budget office would bring in $1 trillion in ten years. on tap, 1.2 trillion in spending cuts for ten years. $100 billion in first year. half to defense programs. half to nondefense. cbo says going off the cliff would lead to a recession next year. we have fox team coverage tonight. ed henry is trying to read tea leaves on a day of mixed signals from all sides but we begin with mike emanuel on the possibility that g.o.p. lawmakers may put their oath of office above a promise to antitax increase organizer. good evening. >> good evening. the republican sources say they are offering a balanced approach of significant spending cuts and some revenue without boosting tax rates. >> we have been responsible as we remain firm on this point. no tax increases now for promised spending cuts that won't materialize later. the american people have seen that game before. they won't be fooled again. >> the top republican on the senate budget chel explained the g.o.p. plan to bring in mo
expiration of the tax cut around for years can be called a tax increase. the nonpartisan budget office would bring in $1 trillion in ten years. on tap, 1.2 trillion in spending cuts for ten years. $100 billion in first year. half to defense programs. half to nondefense. cbo says going off the cliff would lead to a recession next year. we have fox team coverage tonight. ed henry is trying to read tea leaves on a day of mixed signals from all sides but we begin with mike emanuel on the...
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taxes that of course is pushing it too far it's gone far too far in the wrong direction which is centralization and it powers were turned i think the atmosphere in europe would be a lot better what despite the painful divide of the next budget m.e.p. did manage to achieve compromise on defense and security the european parliament passed a resolution aimed at keeping national militaries at full strength i spoke to pretty sure m.p. david campbell balamory voted against the move he says the bill isn't about security concerns that it highlights instead some rather disturbing ambitions. it really does trespass international responsibilities for the fed and it's talking about you looking after it. so it's a direct assault on the sovereignty is this really is about politics rather than the military this is about actually furthering the cause of it one united states and europe because they want a single army a single defense industry they want control from the part of their foreign policy and their own involved in they want to go in for all of the high intensity conflicts in their terminology and that
taxes that of course is pushing it too far it's gone far too far in the wrong direction which is centralization and it powers were turned i think the atmosphere in europe would be a lot better what despite the painful divide of the next budget m.e.p. did manage to achieve compromise on defense and security the european parliament passed a resolution aimed at keeping national militaries at full strength i spoke to pretty sure m.p. david campbell balamory voted against the move he says the bill...
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Nov 26, 2012
11/12
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todayself republica selveral red away from a pledge banning tax increases. >> when you're $16 trillion in debt, the only pledge we should be making to each other is to avoid becoming greece, and republicans should put revenue on the table. i want to cut rates to create jobs, but i will violate the pledge, long story short, for the good of the country only if democrats will do entitlement reform. >> i agree with saxby chambliss. a pledge you signed 20 years ago, 18 years ago is for that congress. if i were in congress in 1941 i would have signed -- supported a declaration of war against japan. i'm not going to attack japan today. the world has changed. >> does it mean we might be closer to a fiscal cliff compromise? athena jones takes a closer look. >> reporter: that's, of course, the big question here. we know in the meeting the president had with lawmakers the friday before thanksgiving there was a lot of positive talk coming out of that with leaders on both sides saying the meeting was constructive, that lawmakers understood their responsibilities, and that they were going to work to
todayself republica selveral red away from a pledge banning tax increases. >> when you're $16 trillion in debt, the only pledge we should be making to each other is to avoid becoming greece, and republicans should put revenue on the table. i want to cut rates to create jobs, but i will violate the pledge, long story short, for the good of the country only if democrats will do entitlement reform. >> i agree with saxby chambliss. a pledge you signed 20 years ago, 18 years ago is for...
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which has acted as a catalyst for this latest drive for independence the region as a whole pays more in taxes to the spanish government than it gets back that really rankles the residents here with unemployment rate today around twenty five percent there are all those who are against separatism some people do say that the region's economy could suffer if it is forced to draw from the spanish market and potentially the european union market however straw polls do suggest a majority of people are in favor and that the mass won't be reelected on sunday and therefore give the spanish prime minister a headache he would rather not have. some other world news for you in brief this hour a suicide bomb attack has left at least two dead and more than sixty wounded in eastern afghanistan the blast happened just forty meters away from the joint coordination office for international and afghan security forces the taliban has claimed responsibility for the attack saying that it was in retaliation for the recent execution of four militants and this is the second such attack this week with kabul trying to be
which has acted as a catalyst for this latest drive for independence the region as a whole pays more in taxes to the spanish government than it gets back that really rankles the residents here with unemployment rate today around twenty five percent there are all those who are against separatism some people do say that the region's economy could suffer if it is forced to draw from the spanish market and potentially the european union market however straw polls do suggest a majority of people are...
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Nov 26, 2012
11/12
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so if they don't act, everyone will be owing more taxes. that could affect the spending habits on some people. >> they are not spending like they would because they still don't know what will happen. >> and congress, they only have 35 days now to come to an agreement on the deficit reduction. if they don't, then the automatic tax hikes will be taking effect on january 1. >>> one bay area hospital is demanding to be reimbursed by the los angeles dodgers for the care they gave to brian stowe. the giant's fan who was brutally beaten outside the dodger's stadium a year and a half ago. they join us from the general hospital. how much money are you talking about here, brian? >> good morning to you. yeah, we're talking about $1.4 million seeking reimbursement from the l.a. dodgers. they went to the bankruptcy court recently in an effort to seek permission to pursue that reimbursement from the dodgers. stowe was brutally attacked in the parking lot while watching the home opener. since then they had to put the bill for the medical care. the hospita
so if they don't act, everyone will be owing more taxes. that could affect the spending habits on some people. >> they are not spending like they would because they still don't know what will happen. >> and congress, they only have 35 days now to come to an agreement on the deficit reduction. if they don't, then the automatic tax hikes will be taking effect on january 1. >>> one bay area hospital is demanding to be reimbursed by the los angeles dodgers for the care they...
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Nov 28, 2012
11/12
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they're for tax changes that would save their companies over $100 billion a year. to take a hard look at the views these ceos are espousing let's bring in bill cohen bloomberg view columnist and author of "money and power" how goldman sachs came to rule the world. and lynn, let me start with you is this campaign to fix the debt just a trojan horse behind which the ceos are trying to implement? things that would be really good for them? >> i think it is. i think they were really hoping some of them that mitt romney might win the election and get some of these things done without them having to go public but now, as we just saw lloyd blankfein and others are going on a public campaign to convince americans we can't afford social safety net programs and they need a windfall and tax breaks. the spirit of giving is a little hard to find among some of them. >> eliot: bill, you have been critical of your former brethren on wall street. you've been rational. you have to admit they're not the best messengers for this right now. >> they're terrible messengers. i don't really
they're for tax changes that would save their companies over $100 billion a year. to take a hard look at the views these ceos are espousing let's bring in bill cohen bloomberg view columnist and author of "money and power" how goldman sachs came to rule the world. and lynn, let me start with you is this campaign to fix the debt just a trojan horse behind which the ceos are trying to implement? things that would be really good for them? >> i think it is. i think they were really...
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economy here is actually pretty strong it's the size of portugal's but the region itself pays far more in taxes to the spanish government that it actually receives back in terms of investment from madrid and that is something that annoys a lot of people particularly when unemployment rates here at around twenty five percent and many people are having to endure tough austerity measures so the feeling is that they feel that they could do a better job if they could govern themselves and also do a better job if they could govern their own economy also there seems to be a lot of support for the center pendants move there but how much of an uphill battle would it be to actually break away from spain. well there are several sticking points firstly the mass would have to gain an absolute majority to be sure of being able to push through any referendum otherwise he would have to form some sort of coalition secondly the referendum itself is actually against the spanish constitution the spanish government has said it will fight it all the way with some parts of the spanish media actually suggesting that a
economy here is actually pretty strong it's the size of portugal's but the region itself pays far more in taxes to the spanish government that it actually receives back in terms of investment from madrid and that is something that annoys a lot of people particularly when unemployment rates here at around twenty five percent and many people are having to endure tough austerity measures so the feeling is that they feel that they could do a better job if they could govern themselves and also do a...
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Nov 27, 2012
11/12
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cuts for the top 2% because it's bad economic policy. >> reporter: the president's tax plans got some support from legendary investor warren buffett today. writing in the new york times, buffett says higher taxes won't lead the wealthy to go on strike and give up promising investment opportunities. darren gersh, "n.b.r.," washington. >> tom: talk of the fiscal cliff threat didn't seem to hurt cyber monday, the biggest online shopping day of the year. americans are expected to spend $1.5 billion online today according to research firm comscore. that's up 20% from last year, as retailers pull out all the stops to get shoppers to click on their websites. erika miller has more. >> reporter: many americans were hard at work today. but others were hardly working-- using high speed office computers to scour the internet for bargains. others browsed at retail stores, but used mobile phones and tablets to make their purchases online. >> but internet shopping is more than just price comparison this year. it's about going shopping with friends and family even when they're not there. >> it makes
cuts for the top 2% because it's bad economic policy. >> reporter: the president's tax plans got some support from legendary investor warren buffett today. writing in the new york times, buffett says higher taxes won't lead the wealthy to go on strike and give up promising investment opportunities. darren gersh, "n.b.r.," washington. >> tom: talk of the fiscal cliff threat didn't seem to hurt cyber monday, the biggest online shopping day of the year. americans are expected...
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Nov 26, 2012
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that's raising taxes. we're raising revenue through tax raises. it doesn't matter what you call them as long as you understand they're the same. and the other thing i don't get is the notion that democrats are the ones that protect entitlements and republicans are the ones that are trying to protect businesses or rich people. i think we have to get past this overon simplification. i think there's not a republican in office, i don't think any republican is saying, we want to get rid of entitlement. so i think it's important that we get away from the talking points and the sound bites and both parties are pro business and it's not about being anti-tax. it's about unnecessary taxes and i think both parties view that don't want to have those taxes, as well. and i think as long as we're able to have a conversation about this compromise is easier to be made. >> 37 days until that cliff. >>> a voluntary recall for the generic, underlined generic version of the popular anti- anti-cholesterol drug lipitor. the generic version as seen in this entry from an
that's raising taxes. we're raising revenue through tax raises. it doesn't matter what you call them as long as you understand they're the same. and the other thing i don't get is the notion that democrats are the ones that protect entitlements and republicans are the ones that are trying to protect businesses or rich people. i think we have to get past this overon simplification. i think there's not a republican in office, i don't think any republican is saying, we want to get rid of...
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Nov 27, 2012
11/12
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let's tax the wealthy. well, what is wealthy? sunday that as 10 million in the bank, had a good year. there is not a clear picture of what the definition of that is. melissa: even if they are in daer, but this does not hurt the warren buffett's of the world and that they n't mind it, but a whole bunch of people who have saved for retirement under trying to live off those investments and dividends. it's going to hurt them instead. i don't lose sleep over tha. but we do worry about the much smaller investor, maybe he doesn't impact the market where you think. they share care about this. >> that is entirely reasonable position to take, but it is also a little bit, let's say condescending to think that those people don't know what is best for them. melissa: i didn't say they don't know what's best for them. the amount they have available to investors less. they don't have a lot of extra dollars. >> i wasn't trying to indicate that you were saying that. those people tend to be reacting to the news that obama was reelected in a way tha
let's tax the wealthy. well, what is wealthy? sunday that as 10 million in the bank, had a good year. there is not a clear picture of what the definition of that is. melissa: even if they are in daer, but this does not hurt the warren buffett's of the world and that they n't mind it, but a whole bunch of people who have saved for retirement under trying to live off those investments and dividends. it's going to hurt them instead. i don't lose sleep over tha. but we do worry about the much...
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Nov 25, 2012
11/12
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the big sticking points, how to bring in more tax revenue and reduce things like medicare. but it's not clear when the president and lawmakers will meet next. and even if some progress is made this week, a final deal could still be a long way off. >> we rarely see the hill and the white house make decisions ear early. they tend to do bet when they have a deadline. i would be pleasantly surprised to see a deal emerge earlier ler than the end of the year, but we'll see. >> reporter: senate majority leader harry reid said before the break that they hoped to have another meeting with the president this week. randi? >> athena jones, thank you very much. the fiscal cliff wasn't on the president's mind while he was out christmas shopping though the reporters tried to ask him about it. the president and this daughter sasha and malia stopped by. the president bought 15 children's zbiks to be given to family and friends. the president's daughter sure to be sad about this next one. their beloved justin bieber is losing the top spot on youtube. korean top star psy now has the most watc
the big sticking points, how to bring in more tax revenue and reduce things like medicare. but it's not clear when the president and lawmakers will meet next. and even if some progress is made this week, a final deal could still be a long way off. >> we rarely see the hill and the white house make decisions ear early. they tend to do bet when they have a deadline. i would be pleasantly surprised to see a deal emerge earlier ler than the end of the year, but we'll see. >> reporter:...
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Nov 22, 2012
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and i think it's still very likely they're going to end up compromising on the tax rate. the president opened the door. his opening position he wanted the top rate to go to 39.6%. he's signaling and the white house signaled they can take 37%, but with additional reductions in deductions so overall tax payment by wealthy americans would continue to go up. but these are just opening positions. the tea party's going to be a force. they're not going to be the ultimate decider the big fear to both of you, if there's no deal the markets are going to tank. listen to ben bernanke's assessment. >> indeed by the reckoning of the congressional budget office the cbo and outside observers, fiscal shock of that size would sent the economy toppling back into recession. >> and it wouldn't keep saying the deal's going to get done. if not, there are real repercussions, steve. >> absolutely. but, alex, what we're looking at now, as we head into next week, the general framework for the talk for the next four weeks is kind of a two-track system. one is let's do some agreement to avoid the fis
and i think it's still very likely they're going to end up compromising on the tax rate. the president opened the door. his opening position he wanted the top rate to go to 39.6%. he's signaling and the white house signaled they can take 37%, but with additional reductions in deductions so overall tax payment by wealthy americans would continue to go up. but these are just opening positions. the tea party's going to be a force. they're not going to be the ultimate decider the big fear to both...
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Nov 23, 2012
11/12
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that includes all taxes also. and we look at other cities like boston coast-to-coast or new york coast to coast, we are seeing those fares nonstop for $250 for the first of the year. you may need to be slightly flexible, but those are some of the best deals. even florida, i think, will be the gold mine. even for the los angeles area to four lauderdale are in the mid two hundreds. you are going coast to coast for sure. it is a nice place to be in the wintertime. orlando, tampa, fort lauderdale, those are the three that i would look at. after january 7, again. and then in europe. this is my best deal. i swear. i cannot believe it is this good. $516 in fuel surcharges. this gives you two continents. asia and europe all in the same trip. it is in -- in -- round trip all taxes included. new york and boston, $500. dagen: one quick thing, though, why are they offering the deals? are bookings falling off the cliff made january? >> there is a lot of us who have to travel during the holidays. there is a bunch of us on the r
that includes all taxes also. and we look at other cities like boston coast-to-coast or new york coast to coast, we are seeing those fares nonstop for $250 for the first of the year. you may need to be slightly flexible, but those are some of the best deals. even florida, i think, will be the gold mine. even for the los angeles area to four lauderdale are in the mid two hundreds. you are going coast to coast for sure. it is a nice place to be in the wintertime. orlando, tampa, fort lauderdale,...